Docusign Envelope ID.. 623C156C-972E4E1C-998E-32BF302C4CF6
Craigmore & District Community Association
Trustees, Report (Including Directors, Report)
For the Year Ended 31 August 2024
The Trustees, who are also the directors of the company for the purposes of the Companies
Act 2006, present their annual report and financial statements for the year ended 31 August
2024.
The information with respect to trustees. directors. officers, and advisers set out on the
information page, forms part of this report. The financial statements comply with the charity's
governing document, the Companies Act 2006 and "Accounting and Reporting by Charities..
Statement of Recommended Practice (SORP) applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective 1 January 2019)"
Reference and administration details
Craigmore & District Community Association (the charity), is a charitable company limited by
guarantee, incorporated on 20th August 2012. It is registered with the Companies Registrar
under registration number N1614064. It is also registered with the Charity Commission N.1.
under reference NIC108296. The trustees of the charity are listed on the infonmation page.
The principal and registered Offi￿ of the charity is also listed on the infomiation page together
with details of the professional advisors and bankers
Objectives and activities
In shaping our objectives for the year and planning our activrties, the trustees have
considered the Charity Commission guidance on public benefit. The charity's principal activity
continued to be the provision of community, Sporting, and social facilities for the people of
Craigmore District.
Governance
During the period under review the trustees met regularly. A panel comprised of existing
trustees selects members for the board. Trustees seNe for a one-year period and may be re-
elected for a further one-year period. The trustees who served during the year to 31 st August
2024 are listed on the information page.
Financial Review
The statement of financial activities for the year is set out on page 4 of the financial
statements. Income for the year was £12.98712023: £11.888] and expenditure was £20,203
[2023- £16,357].
Reserves policy
The charity's policy on restricted funds is to separately record donations. grants, and other
sources of fundraising where restrictions are imposed that are narrower than the charity's
overall objectives. The trustees have established a policy whereby the unrestricted funds not
committed or invested in tangible fixed assets or designated for specific purposes ("the free
reserves") held by the charity should be between six and nine months of the resources
expended. At this level, the trustees consider that they would be able to continue the current
activities of the charity in the event of a significant drop in income.
It would also be necessary to consider how the income would be replaced, or activities
changed. At the balance sheet date, the free reserves did exceed the minimum amount.

Docusign Envelope ID.. 623C156C-972E4E1C-998E-32BF302C4CF6
Achievement and performance
The Glen centre is used on a regular basis and continues to be a focal point for community
life in the district.
Taxation
As a charity. the company is not liable for corporation tax on its income or on capital gains to
the extent that these are applied to its charitable objects.
Statement of trustees, responsibilities in respect of the annual report and the
financial statements
The trustees who are also the directors of Craigmore & District Community Association for the
purpose of company law, are responsible for preparing the financial statements for each
financial year which give a true and fair view, in accordance with United Kingdom Generally
Accepted Accounting Practice of the state of affairs of the charity and of the statement of
financial activities of the charity for that period. In preparing those financial statements the
trustees are required to:
select suitable accounting policies and apply them consistently-
observe the methods and principles in the Charilies SORP"
state whether applicable UK accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements=
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going con￿rn basis unless it is inappropriate
to presume that the company will conlinue in business.
The trustees are responsible for the keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and that help ensure that
the accounts comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Risk management
The trustees have reviewed the major risks to which the charity is exposed, and systems
have been established to manage those risks.
Plans for the future
The directors remain confident that the cuThent level of performance will be improved in the
future, and it is the Trustees, intention to develop the present activities of the Company.
Small company provisions
This reporl has been prepared in accordance with the provisions of Part 15 of the Companies
Act 2006 applicable to companies subject to the small companies, regime.
11/21/2024
This report was approved by the board on
and signed on its behalf by.
Signed by.
Conor Molloy - Trustee